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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Gurnee, IL
Listed for sale today
$ 279,988
ROI
26.3
Cash Flow/m
506- 3 Bed
- 2 Bath
- 1600 sft
5690 Delaware Ave, Gurnee, IL, 60031
Listed for sale today
$ 289,000
ROI
20.5Cash Flow/m
57- 4 Bed
- 2 Bath
- 1625 sft
18570 W Pamela Pl, Gurnee, IL, 60031
Listed for sale 2 days ago
$ 470,000
ROI
23.7Cash Flow/m
520- 4 Bed
- 3 Bath
- 2936 sft
2001 Madison Ave, Gurnee, IL, 60031
Listed for sale 2 days ago
$ 429,000
ROI
21.4Cash Flow/m
198- 3 Bed
- 3 Bath
- 2640 sft
3947 Blackstone Ave, Gurnee, IL, 60031
Why Invest in Gurnee, Illinois?
Investing in Gurnee, IL, offers an attractive opportunity for those looking for properties under $500k. With a diverse housing market and stable rental demand, savvy investors can capitalize on favorable rental yields and appreciation potential. Gurnee's proximity to major employers and family-friendly amenities further enhances its appeal, making it a solid choice for investment.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Gurnee is around $1,800 per month, making it a competitive market for investors targeting rental properties.
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